Posted by Zool Khibri Abdul Khalib > 2015-06-25 09:22 | Report Abuse

Hahaha

Posted by Zool Khibri Abdul Khalib > 2015-06-25 09:23 | Report Abuse

If price up... Im unlucky person..

Posted by Awesome > 2015-06-25 09:24 | Report Abuse

After AGM u will see.. hehe.. now collect mode.. huhu..

Posted by sky2 > 2015-06-25 09:27 | Report Abuse

Awesome ..U supposed to chair the AGM today .....

Posted by Awesome > 2015-06-25 09:31 | Report Abuse

Too bad Im busy today.. Gonna deal with.. Pray when I get back Frontken ady break @0.30. Cheers guys!

Posted by Sunkist118 > 2015-06-25 09:31 | Report Abuse

I hot always wonder the name Frontkn like Frontcan hor, I wonder Backcan ? Now they answer can wor with the 18.8cent. So hor I think after agm hor sure everything can one

Posted by sell > 2015-06-25 09:32 | Report Abuse

If we can sell to take profit why not Dr Jorg?

Posted by Awesome > 2015-06-25 09:35 | Report Abuse

@sell if he want to sell he can sell @0.275 why @0.18? mana logic? lol

Posted by Sunkist118 > 2015-06-25 09:37 | Report Abuse

Sell ya lor. But he sell all leh

Posted by Sunkist118 > 2015-06-25 09:37 | Report Abuse

I think hor mbo become go

Posted by Awesome > 2015-06-25 09:38 | Report Abuse

Now everyone cautious sell once announcement made all kasi chase high.. hehe..

Posted by Awesome > 2015-06-25 09:39 | Report Abuse

@blackul66 DBAG possible..
btw, who keep cushioning @0.275..

Posted by blackul66 > 2015-06-25 09:40 | Report Abuse

when cheap people get cautious, when start to fly, people chase, what a wonderful world.

Posted by Sunkist118 > 2015-06-25 09:42 | Report Abuse

I hope hor like VS lor...drop drop suddenly announce, stay stagnant then shoot high high

Posted by sky2 > 2015-06-25 09:43 | Report Abuse

Awesome I think u are right ..since Malaysians like to sell low and buy high..DBAG just parks at the buy orders

Posted by crawler > 2015-06-25 09:43 | Report Abuse

if really bad news, when the news on the german disposing the stake out it should have slide down and even today will be down a lot. It must be good news.

Posted by blackul66 > 2015-06-25 09:43 | Report Abuse

yes, that is what i thought yesterday. The resemblance to MGO for cleanpart by DBAG is uncanny

Posted by crawler > 2015-06-25 09:43 | Report Abuse

rumour tells me there will be a corporate exercise soon...rumours only ok

Posted by crawler > 2015-06-25 09:44 | Report Abuse

buy on rumours sell on news!

Posted by winson_ming > 2015-06-25 09:45 | Report Abuse

START UR ENGINE

Posted by crawler > 2015-06-25 09:47 | Report Abuse

bad news travel very quick if exist...the investment banker can sniff it even before it arrives...so don't panic..now is time for accumulation before it flies..

Posted by sell > 2015-06-25 09:49 | Report Abuse

The other party also need to make profit since he buy a lot.

Posted by Sunkist118 > 2015-06-25 09:49 | Report Abuse

Buy 290M = 27% @ 18.8
Top up 6% hor go MGO Liao...another 65M shrs hor. Everyday avg is 40 to 50M transaction lor. So hor do 10 M buy everyday, 7 days can do MGO liao

Posted by crawler > 2015-06-25 09:51 | Report Abuse

eh don't spread rumours Sunkist118...hahaha

Posted by blackul66 > 2015-06-25 09:51 | Report Abuse

sorry i meant MBO in the above comment

Posted by Sunkist118 > 2015-06-25 09:51 | Report Abuse

Hope hor Sir OTB calculation is minimum hor tp 32.

Posted by prc4wifefe > 2015-06-25 09:52 | Report Abuse

Posted by JN88 > Jun 24, 2015 10:51 PM | Report Abuse

@prc4wifefe:how u know??Mr Coconut tell you???


u punya coconut boleh cakap - justincredible!!!

Posted by crawler > 2015-06-25 09:53 | Report Abuse

MGO at what price? 60 cents?

Posted by Sunkist118 > 2015-06-25 09:55 | Report Abuse

Don't worry hor ppl press price down hor. Ppl always press press my fruit also hor. But if fruit hor good quality they will buy even if expensive after press press hor.

Posted by Sunkist118 > 2015-06-25 09:56 | Report Abuse

Hope hor they don't press so hard hor the fruit spoil

Posted by prc4wifefe > 2015-06-25 09:57 | Report Abuse

https://sg.news.yahoo.com/taiwans-tsmc-q1-profit-65-warns-slowdown-090946953--finance.html

..but ought to be shortterm and not long drawn

Posted by crawler > 2015-06-25 09:58 | Report Abuse

old news..latest news on TSMC is it has secured the deal with apple for iphone 7

Posted by crawler > 2015-06-25 09:59 | Report Abuse

maybe sunkist is right..the MBO is coming..it will continue to accumulate till it gets the majority right to call for a MBO

Posted by blackul66 > 2015-06-25 09:59 | Report Abuse

thank you for sharing with us a 2 months+ news, you are just late by a few months

Posted by Awesome > 2015-06-25 10:01 | Report Abuse

Door gift give u dividend. Makan give u bonus issues. Hehehe

Posted by JN88 > 2015-06-25 10:02 | Report Abuse

Thanks for helping us refreshing the old news......like what DR M said....manusia senang lupa....

Posted by ozzie75 > 2015-06-25 10:03 | Report Abuse

Lyncole Chatte: For you. I think you are who I think you are. :)

http://www.semiconductorintelligence.com/?p=1385

Posted by JN88 > 2015-06-25 10:11 | Report Abuse

Sell ar ...sell ar semiconductor go holland liao lo....

Posted by Awesome > 2015-06-25 10:13 | Report Abuse

40 minutes more.. Hehe.. Pop pop pop.. @jn88 manyak sarcastic hor.. Hehe

Posted by tomanhead > 2015-06-25 10:14 | Report Abuse

who is at the meeting???Thank you

Posted by kimssiat > 2015-06-25 10:27 | Report Abuse

Alert ... someone sold at 18+ cent outside transaction. And it is A LOT.

Posted by JN88 > 2015-06-25 10:28 | Report Abuse

Kimssiat who sold at 18+???

Posted by blind3co > 2015-06-25 10:30 | Report Abuse

Anyone here at the AGM now?

Posted by Awesome > 2015-06-25 10:32 | Report Abuse

One must rmb transaction @0.18 not to open market.. Hehe.. Stay tuned=)

Posted by kimssiat > 2015-06-25 10:32 | Report Abuse

The BIG shareholder .... He sold 27.6% of TOTAL Frontkn share at 18.8 cent. Reason unknown.

Posted by JN88 > 2015-06-25 10:33 | Report Abuse

@ Kimssiat

PETALING JAYA: An off-market transaction of 290.99 million shares, or 27.6% of Frontken Corp Bhd, was crossed yesterday at a price of 18.8 sen, with sources saying that the party which took up the shares was someone related to its single largest shareholder and director, Dr Jorg Helmut Hohnloser.

At the price of 18.8 sen, it was a 31.5% or 8.7-sen discount to Frontken’s closing price of 27.6 sen yesterday.

Hohnloser is currently the single largest shareholder with a 27.75% stake in the company. This is followed by Lembaga Tabung Haji, which has 4.91%.

There had been much speculation in the past that Hohnloser was looking to secure more control over Frontken.

The stock was the fifth heaviest-traded stock of the day. Frontken closed 0.5 sen lower to 27.6 sen on a volume of 38.1 million shares. At this price, it is trading slightly above its net asset per share of 25 sen.

Hohnloser, who owns a European company with the same business as Frontken called Cleanpart GmBH, provides the same services as Frontken, namely, the provision of services to maintain equipment in the semiconductor and other industries.

Hohnloser first bought into Frontken in 2010. Financially, the fortunes of Frontken have been steadily improving.

It made a 48.8% jump in net profit to RM6.82mil on the back of a 60.2% increase in revenue to RM77.22mil for its first quarter to March 31, 2015. For financial year 2014, it made a net profit of RM18.77mil from a previous loss of RM2.32mil.

The company had cash and bank balances of RM70.62mil as at the first quarter, a vast improvement from the RM33.33mil it had in the same quarter of the previous year.

It has long-term borrowings of RM23.98mil and short-term borrowings of RM12.63mil.

Apart from a one-off gain of an associate company in 2014, the better results were mainly attributable to the improved business performance of the group’s subsidiaries in Taiwan and Malaysia.

There was a ramp-up in the semiconductor business in Taiwan due to the improved outlook in this sector.

In the case of Malaysia, the better performance was mainly due to the recognition of progressive revenue from the ATB project at Tanjung Bin, coupled with higher revenue from both its oil and gas (O&G) and semi-conductor divisions.

Frontken got a new lease of life last year after acquiring 45% in TTES Team & Specialist Sdn Bhd for RM11mil, which includes an RM8mil profit guarantee for two years.

TTES is an engineering services provider which also owns a licence to supply and provide services to the Petroliam Nasional Bhd group of companies.

O&G is a key segment of Frontken’s business. The other industries it serves are power, electronics manufacturing and marine.

Posted by kimssiat > 2015-06-25 10:36 | Report Abuse

I wonder if someone point a gun on him or what .... If the buyer sell in open market to take profit. All GG.

Posted by blackul66 > 2015-06-25 10:38 | Report Abuse

that is just a rumor from unknown sources, the real price was never actually disclose.

Posted by RM1DivStock > 2015-06-25 10:40 | Report Abuse

For those who are in the annual meeting do keep us update ?

Posted by kimssiat > 2015-06-25 10:51 | Report Abuse

Can hide such a significant transaction?